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Arctic regs published - 03/01/2015(Full story)The Bureau of Safety and Environmental Enforcement and the Bureau of Ocean Energy Management, the two agencies within the Department of the Interior responsible for oversight of U.S. outer continental shelf oil activities, have released proposed new regulations for exploration drilling in federal wa....

Cosmo development OK'd - 03/01/2015(Full story)The state has approved a development program at the Cosmopolitan field.
The Alaska Division of Oil and Gas recently gave BlueCrest Energy Inc. permission to move forward with an oil development at the offshore Cook Inlet field. The state required the company to make several logistical changes to its....

BC sweetens LNG taxes - 03/01/2015(Full story)British Columbia's LNG hopes have received a lift from federal tax relief that Canada's Prime Minister Stephen Harper said it designed to persuade project backers to make final investment decisions.
The break will save the industry a modest C$50 million over five years starting in the 2015-16 fiscal....

Jangled nerves in oil sands - 03/01/2015Probably more than any other sector in the petroleum industry, the Alberta oil sands requires its participants to have a combination of nerve, vision and deep pockets.
Less than a year ago, when oil prices had seemingly settled around US$90-US$100 per barrel for the long haul, the element of risk se....

Millett: Sally Jewell wrong about Alaska - 03/01/2015House Majority Leader Charisse Millett has been a busy lawmaker and the workload doesn't get any lighter.
She recently spent time in Kotzebue with her colleagues for a meeting with Interior Secretary Sally Jewell whose recent decisions on Arctic exploration — both on the coastal plain and offshore....

Lazard: financing if project reasonable - 03/01/2015The Alaska Legislature's House and Senate Finance committees heard reports in mid-February from Lazard Frères & Co. LLC, the investment banker selected by the Department of Revenue to advise the state on investment in the Alaska LNG project.
George Bilicic, Lazard vice chairman of investment bankin....

NordAq gets drilling permit - 03/01/2015NordAq Energy Inc. is ready to begin its Smith Bay exploration program.
The Alaska-based independent received an Alaska Oil and Gas Conservation Commission drilling permit for the Tulimaniq No. 1 exploration well on Feb. 13.
NordAq is using the Doyon Arctic Fox rig to drill the well near the delta....

Talisman bows out with a whimper - 03/01/2015Sadness enveloped the meeting room as a sparse gathering of Talisman Energy shareholders performed the final rites as yet another petroleum company prepared to reduce the ranks of those with head offices in Calgary.
But there wasn't much time for sentiment, not among those investors who bit their l....

FAA seeking Alaska info on drones - 03/01/2015As it works to craft rules for drone operators, the Federal Aviation Administration is specifically asking for information about how the regulations would impact Alaska.
The proposed regulations would allow operators to fly small “unmanned aerial systems” during daylight hours so long as the drone s....

NMFS issues proposed Apache seismic LOA - 03/01/2015The National Marine Fisheries Service has published for public review a proposed letter of authorization for the incidental take of marine mammals during Apache's offshore seismic survey operations in Alaska's Cook Inlet. The authorization covers the period from March 1, 2015, to Feb. 29, 2020. The....

Canada sees security threat - 03/01/2015The Royal Canadian Mounted Police have labeled a loose-knit “anti-petroleum” movement as a potential security threat at the same time the government of Prime Minister Stephen Harper is responding to a public demand for tough measures aimed at snuffing out a terrorism threat.
Prepared by the RCMP's c....

DEC publishes Arctic offshore permit - 03/01/2015On Feb. 20 the Alaska Department of Environmental Conservation published a proposed final general permit for waste discharges from geotechnical surveys in state waters of the Beaufort and Chukchi seas. Comments on the permit were required by Feb. 27 — a draft version of the permit had already been t....

Hilcorp planning Kalotsa pad - 03/01/2015Hilcorp Alaska LLC is planning another drilling pad at the Ninilchik unit.
The local subsidiary of the Houston-based independent has said it intends to file paperwork this year for the Kalotsa pad to support a two-well exploration program in the southern end of the Cook Inlet unit. The Kalotsa No.....

House Resources wants to know ANWR value - 03/01/2015Net revenue to the state of Alaska ranging from $95 billion to $210 billion over a 50-year period: That's the potential if exploration and development were allowed on the coastal plain of the Arctic National Wildlife Refuge.
Responding to a request from the co-chairs of the House Resources Committe....

Hilcorp focus on producing mature fields - 03/01/2015Hilcorp began acquiring mature Cook Inlet oil and gas fields in 2012, and its early production in the state approached 20,000 barrels of oil equivalent per day. Now, with increased production from Cook Inlet fields and the addition late last year of three North Slope fields, Hilcorp's Alaska product....

Lower Foothills tundra travel opens - 03/01/2015The Alaska Department of Natural Resources has opened the lower foothills area of state lands in northern Alaska for off-road winter tundra travel. The area has now met the tundra travel requirements of at least a nine-inch snow depth and soil temperatures below minus 5 C at a depth of 30 centimeter....

Railroad looking at Fairbanks LNG supply - 03/01/2015The Alaska Railroad can provide an effective means of transporting liquefied natural gas from Southcentral Alaska to the city of Fairbanks in support of efforts to bring affordable natural gas to Fairbanks and the Alaska Interior, Dale Wade, vice president, marketing and customer service for the rai....

Oil Patch Bits: Paul Wilkins joins AECOM team - 03/01/2015Paul Wilkins recently joined AECOM as a fisheries biologist. Wilkins has 17 years of experience in fisheries data collection, analysis, and interpretation. His role with AECOM will consist of assisting as needed with projects that call for his numerous specific areas of expertise which include fishe....

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